Manufacturing is undergoing radical change as the industry transforms to "smart," interconnected, data-driven operations. (Shutterstock)
As the manufacturing industry evolves, so do its risks. This is particularly true for small- to medium-size (SME) manufacturers facing challenges on many fronts, from business interruption (BI) to data breaches.
Brokers and insurers working with clients in the manufacturing sector should be aware of the growing industry concern around workplace disruption, which includes the competitive labor market, increasing opioid abuse among employees and a growing skills gap.
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